New banking regulations in EU and elsewhere combined with QE punch bowl drying up is taking wind out of the sails of the Financials. XLF appears to be struggling at the mid-line of the regression channel again! Potential 4th failed attempt to cross midline unfolding. Similar chart pattern last July into Sept, which resulted in a ~10% sell off. Bearish...
AMC looking great on the daily. Breakout of the triangle formation today! Bull flag & successful back-test of breakout. Volume picking up - similar profile to start of prior rip. MACD turning up. RSI taking off w/ room to run. Aroon 25 settling in for a nice push... Looking for new ATHs for AMC soon. Not financial advice.
GME - looking beastly on the daily and ready to move up. Bull flag looking similar to chart in early March. MACD ready to rip. Relative Strength Index strong but not oversold. Aroon 25 - settling in. Cycles lining up for a potential run higher. 90-day high to high for the last two rips and GME is coming up quickly on that algo prediction/date. Note - GME...
Express looking good here breaking out to the upside. Indicators supporting the bullish trend to continue. Last rip lasted ~43-days = 1st week of September for this current run. See chart. Not financial advice.
Indicators looking good as SIGA recently broke-out of descending triangle. See Chart. Last bull run lasted ~66 days = Sept 13th. SIGA Technologies, Inc. is a commercial-stage pharmaceutical company. www.siga.com Not financial advice.
AMC looking like take off time is nearly here. 90-day low to low algo appears to have completed on 8-11 MACD bullish cross on daily. Stoch/RSI can run from here as in last rip 9/21 day MA about to have a bullish cross on the daily. OBV still sky-high. Cycles lining up for a bullish turn. Buckle up. See Chart. Not financial advice.
Looking more like a 90-day cycle versus 85-days for KOSS between lows and highs which i similar to what others have reported for a few other "meme" stocks. Next leg up for KOSS has started IMO. MAs about to cross and BB very tight here. Buckle up. See Chart. Not financial advice.
COPX took another hit today and lost +4% which is a little surprising considering Max Pain this Friday is $37... maximum-pain.com Expecting a turn soon. Probably starting next week after some more pain and fear... Indicators appear to be looking for a turn on the daily, and Volume is drying up on this leg down. Potential selling climax on July...
KOSS chart shows ~85 days between the two most recent highs i.e. March 10 to June 2. And note that 85 days from the last low is today August 4th. Let's see if KOSS takes off soon. My thought is it will move up starting next week on the 9th or 10th, however the BBs are really tight in multiple time frames and KOSS is squeezing into a long term triangle. Tick Tock.
EXPR has experienced 3 recent higher lows that have all been spaced ~69-days apart by my count. Further the BBs are getting even tighter indicating a potential big move in price. RSI, OBV, MACD all also pointing to more upside. Fib numbers and previous price levels are used as potential price targets for the next leg up. See Chart. Based upon the 69 day...
I say that everyday :) GME is almost there and ready for the turn back up. Indicators continue to support a turn up soon and the presented EW count has wave 5 dn ending later this week. Expectation is e of 5 will be similar to a . See Chart. GME has high volume support in this price range from May and earlier this year. Idea = HODL Not financial advice.
FAZ weekly chart presented and comparing last two price run ups to current condition. AO appears to want to go positive. See chart for price reaction last two times this occurred on the weekly. RSI bouncing off 18 month low with harmonics generally supporting a turn soon. Plenty of upward room for the stoch, but it does appear to be faltering a little...
AMC looks like it is about to break out again. Bollinger bands are getting tight in several timeframes. Stoch/rsi is a little oversold on the 4 hr chart but AMC has upside to go on the daily. Prediction - AMC will break to the upside to test the high volume June highs. Not financial advice.
GME - the story is clear. Long-term chart/trend/indicators bullish. Company fundamentals solid. Company leadership top tier. The January squeeze halted... Shorts didn't cover. Nobody sold. Next uptrend is here. TICK TOCK! Not financial advice.
It is looking like the trend up on EXPR continues. The cycles are aliening and indicators are very bullish but not over-extended on the daily. EXPR still has plenty of room to run to the upside. Based on the trend up that started in late 2020 expecting more BIG things from EXPR soon. See chart. Not financial advice.
GME continues to look solid on the weekly chart. RSI above 50, Stoch/RSI oversold and only needs a small bump to make the price fly. MOMO trending up since April. See Chart. Idea - HODL! Not financial advice.
GOOG hitting a significant Fib number with the recent bullish impulse upwards. Watching for a retrace off the 2.618 fib. Volume and AO looking more bearish each day. Woodies cci and RSI are getting too bullish...GOOG can go higher but will likely in the near term pull back with FIB resistance as it did at the 1.618. Idea - Lock in profits soon. Not financial advice.
PHG has had some issues recently and this is reflected in the stock price, but I expect PHG to continue to bounce up into August. The recent selling climax, harmonics, indicators, and solid fundamentals - pointing to a nice bounce here. PHG may need to retest the recent low but should still rise in price over the next 30 days. See chart for prediction. Not...